IT TECH PACKAGING, INC. (ITP) Gross margin 2015–2024
IT TECH PACKAGING, INC. (ITP) gross margin by fiscal year — reported gross profit divided by reported revenue.
8.8%FY2024 · since FY2015: 20.6% → 8.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | 8.8% | +7.7 pp |
| FY2023 | 1.2% | -3.6 pp |
| FY2022 | 4.7% | -2.1 pp |
| FY2021 | 6.8% | +1.2 pp |
| FY2020 | 5.6% | -6.0 pp |
| FY2019 | 11.6% | +4.9 pp |
| FY2018 | 6.7% | -10.3 pp |
| FY2017 | 17.1% | -1.9 pp |
| FY2016 | 18.9% | -1.6 pp |
| FY2015 | 20.6% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice